The following video is part of today's MarketFoolery podcast, in which host Chris Hill, along with Jeff Fischer, Bryan White, and Jason Moser, discuss the latest business news. Schlumberger has sold one of its divisions to National Oilwell Varco for $670 million. In this segment, the guys analyze the deal, the benefits for each company, and which stock they like more.

Chris Hill owns no shares of the companies mentioned. The Motley Fool owns shares of National Oilwell Varco. Motley Fool newsletter services have recommended buying shares of National Oilwell Varco and Schlumberger. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.